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I would like to check with you. Friend has limited company.
HelloI would like to check with you. Friend has limited company. He would like to take business loan for £40 000. He would like to use these money for paying off his another 2 personal loans. Would he… read more
Sam Pathak
Sam Pathak
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Another question for taxadvisor.uk Following on from my last
Another question forCustomer Following on from my last query...is it permissible to receive income from a business sale say £500 and take that immediately as a director's loan to deal with personal fi… read more
taxadvisor.uk
taxadvisor.uk
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We have a Ltd company with a significant Directors loan that
We have a Ltd company with a significant Director's loan that has been made up of significant monies put into the business. The business is now profitable and growing strongly. We expect to be able to… read more
Tony Tax
Tony Tax
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Hi, I need to speak to someone about a vat issue, is it possible
Hi, I need to speak to someone about a vat issue, is it possible to have a number to call? Regards Mick… read more
Tony Tax
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Dear XXXXX I have a client who runs a company. He wants
Dear XXXXX I have a client who runs a company. He wants to buy a house which will be rented out. He is financing this by a mortgage. Am I correct in assuming that it would be better to have the mortga… read more
Sam
Sam
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Higher Officer HMRC
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Dear Sir/Madam Im afraid my question is rather long and
Dear Sir/Madam I'm afraid my question is rather long and comprises a few elements. If the standard fee is not enough because it really counts as two questions let me know. My question relates to limit… read more
Sam Pathak
Sam Pathak
Chartered Tax Adviser
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I am a contractor running a limited company with myself as
I am a contractor running a limited company with myself as the director and employee. When my corporation tax was due, an extra £3500 of notional tax was added due to an overdrawn directors loan of £1… read more
Tony Tax
Tony Tax
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High School or GED
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borrowing money from my ltd company I have a limited company
borrowing money from my ltd company I have a limited company and money in my business account. If I need money, can I withdraw money form my business account use it for 4-5 months and put it back. wil… read more
Tony Tax
Tony Tax
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High School or GED
16,712 satisfied customers
I have a client that has an overdrawn DLA of £30k -Co.A and
I have a client that has an overdrawn DLA of £30k -Co.A and cannot afford to pay it back and cannot pay the income tax on it. This director is a director of two companies-. She owns about 30k of share… read more
mark25551
mark25551
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HI, what is the most efficient way to withdraw £6k per month
HI, what is the most efficient way to withdraw £6k per month from my closed company with only one director, me? Currently I pay myself £10k salary,£32k dividend gross, expense £1k an month via the bus… read more
taxadvisor.uk
taxadvisor.uk
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i have just filed my last years limited company accounts (2009-2010).i
i have just filed my last years limited company accounts (2009-2010).i noticed that on the balance sheet my accountant has marked, "debtors -£85,000". i dont have anyone owing me money in the business… read more
Tony Tax
Tony Tax
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High School or GED
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I have a client who is a director of a close company and she
I have a client who is a director of a close company and she has a £20k+ overdrawn loan account which has accumulated over about 3 years and has never repaid it any all. She has been claiming tax cred… read more
Tony Tax
Tony Tax
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High School or GED
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Some years ago my brother and I lent a company we owned 150,000.
Some years ago my brother and I lent a company we owned £150,000. We raised the money by raising mortgages on our homes. Since then we have received payments back from the company covering the origina… read more
Tony Tax
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When a company is showing a loss can directors still take
When a company is showing a loss can directors still take Dividends. What is the personal tax implications for the director… read more
Tony Tax
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High School or GED
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Can you clarify the tax implications for a Limited Company
Can you clarify the tax implications for a Limited Company and for the individual of advancing an interest free loan to a diretor of £1000 per month over anumber of years I believe that the individual… read more
Sam Pathak
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Master's Degree
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Hi, my husband and I started a small limited company last April
Hi, my husband and I started a small limited company last April hiring out camper vans. At the beginning and subsequently since in small amounts, we have had to put our own capital (from the sale of p… read more
Simon Cook
Simon Cook
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Hi Fred has 2 companies company A and compay B . Fred
Hi Fred has 2 companies company A and compay B . Fred owns the shares in both companies, he aquired company B 5 years ago for £35K and set Company A up himself from scratch. Could fred sell his shares… read more
Julie Kingham
Julie Kingham
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Hi, I need to find out about repaying the Directors Loan account
Hi, I need to find out about repaying the Directors Loan account by releasinga formal contractural procedure as on HMRC website… read more
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